Category: President George Bush
What the Heck, It’s Only A Few Billion Dollars, Right?
What are three things guaranteed to happen in any Federal government program? Waste, lack of accountability, and did I mention waste? One of the reasons I strongly opposed the TARP bailout program is because the general panic from the Secretary of the Treasury and Congressional Democrats reminded me of someone who sees a fire and [...]
Compassionate Conservatism Just Means Making Different People Hurt
Compassion is a fine emotion, right up to the point where it overwhelms your ability to think rationally. Our President has no end of compassion and in our foreign policy it has served him very well. On the domestic front it’s led him to mangle common sense in ways that, were common sense a dog, [...]
President Bush Burns the Economy to Save It.
This hurts to read. President George W. Bush, in an interview that aired today on CNN, said he’s “considering all options” for a bailout of General Motors and Chrysler. “I have abandoned free-market principles to save the free- market system,” Bush said. The U.S. economy is “in a huge recession,” he said. I seriously have [...]
Congress Screws Up Its Oversight Role Yet Again
This is not a promising proof of the ability of Congressional Democrats to oversee the massive financial market bailout plan, like they said they could. Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation and penalizing [...]
Iraqi Reporters Make Rookie Mistake, Treat President Bush with Respect
Helen Thomas and the entire reporting staff of MS-NBC were all accounted for at the time, so I’m pretty sure the identification of this man is correct. An Iraqi journalist hurled his shoes and an insult at George W. Bush, without hitting him, as the US president was shaking hands with the Iraqi premier at [...]
Bailout Fallout
Well the mostly-stalwart Republicans blew up the UAW/Democrat payback-o-rama that we knew as the Big Three Bailout last night and there are still chunks of it splatting around Washington even now. This Politico story captures most of the Sturm und Drang of last night but doesn’t exactly go out of its way to find any [...]
That’s What You Said